P11-11 Recording and Comparing Cash Dividends, Stock Dividends, and Stock Splits LO11-4, 11-6,11-8 On January...
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P11-11 Recording and Comparing Cash Dividends, Stock Dividends, and Stock Splits LO11-4, 11-6,11-8 On January 1, Biotuel Corporation had the following capital structure: Common stock ($0.50 par value) Additional paid-in capital Retained earnings Treasury stock Cash flows from financing activities $71,000 2,010,000 910,000 24,500 Required: Complete the table below for each of the three following independent cases: Case 1: The board of directors declared and paid a cash dividend of $0.01 per share Case 2: The board of directors declared and issued a 100 percent stock dividend when the stock was seling at $15 per share Case 3: The board of directors announced a 2-for-1 stock split. The market price prior to the split was $21 per share. Before a After After Stock D After Stock Split Common stock account Par per share Shares outstanding Additional paid-in captial Retained earnings Total stockholder's equity Cash flows from financing acitivities
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